Quotulatiousness

May 7, 2015

Commodity Taxes

Filed under: Economics — Tags: , , — Nicholas @ 02:00

Published on 27 Jan 2015

In this video we cover taxes and tax revenue and subsidies on goods. We discuss commodity taxes, including who pays the tax and lost gains from trade, also called deadweight loss. We’ll take a look at the tax wedge and apply what we learn to the example of Social Security taxes.

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